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Sam Ro highlights findings from the latest UMich consumer sentiment survey indicating that, as the conflict involving Iran persists, inflation is increasingly viewed by consumers as a greater threat than unemployment.
The report underscores a shifting focus among U.S. consumers toward price increases as their primary economic concern.
Sam Ro has previously reported that Barry Diller’s People Inc. is preparing an offer to buy MGM Resorts, valuing the casino operator at more than $18 billion (link). In another report, Ro noted that most non-chair FOMC members see little support for an imminent rate cut (link). The current survey findings add to his coverage of shifting financial priorities and sentiment.